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China's economic recovery

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Migrant workers arrive at Beijing West Railway Station in February 2020. Photo: Xinhua

How can China unleash the spending power of its millions of migrant workers?

Deregulation and ‘people-centred urbanisation’ that fills public service gaps can spur consumption, Hong Kong forum told.

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Exclusive | China to host leaders of international bodies as global uncertainties mount

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China unveils new tax breaks to boost home sales, free up household cash

Chinese workers to get 2 extra days’ holiday, including longer Lunar New Year

Two public holidays will be extended by a day, but the survival of the unpopular ‘holiday swap’ system tempers enthusiasm.

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Lunar New Year, the country’s biggest festival, will now be extended by an extra day. Photo: Xinhua

UBS cuts China stock forecast amid Trump tariff threat, weak stimulus

Swiss money manager cuts mid-2025 and end-2025 targets for MSCI China Index because of tariff uncertainties and disappointing stimulus.

China eyes lift in ‘intensity, accuracy’ of monetary policies amid credit uptick

People’s Bank of China pledges to serve the real economy, while October’s credit data shows a slight improvement.

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China says stability, ‘deepened reform’ are crucial for economic growth

Party mouthpiece doubles down on positive message and confidence in achieving China’s GDP growth goal for 2024.

A fresh People’s Daily editorial stresses the importance of implementing economic policies that benefit the people, boost consumption and steady the property market. Photo: Reuters

Forget ‘patchwork policies’, China urged to focus on incremental stimulus

Economists spoke after Beijing unveiled its debt-relief plan following a week-long meeting of China’s top legislative body.

Can a flurry of winter tourism, sports help thaw China’s economy?

As northern temperatures start to plunge, China’s State Council issues guidelines for the enhanced cultivation of a ‘snow and ice economy’.

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Navigating ‘tough phase’, China says economy is on road to recovery

Positive spin by party mouthpiece, while shying away from ‘chasing rapid growth’, comes as questions linger over China’s stimulus measures.

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China says the operating rate of construction machinery – an important gauge of construction activity – rose in October by 1.6 percentage points from September. Photo: EPA-EFE

China’s 2025 GDP growth forecast cut by UBS on Trump threat, others wait and see

Swiss investment bank UBS cuts China’s gross domestic product growth projection to ‘around 4 per cent’ for next year, others remain optimistic.

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A man installs lanterns outside a newly opened restaurant in Beijing. Photo: AFP

China export ‘rush’ expected ahead of Trump’s tariffs, Beijing to show restraint

China’s export container freight index for shipments for US east and west coast routes stabilised and rebounded at the start of November.

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Explainer | ‘Deflationary pressure remains’: 4 takeaways from China’s inflation data

Consumer price growth in China slowed in October, while the cost of goods at the factory gate fell for the 25th month in a row.

Open Questions | Economist Huang Yiping on Trump trade war 2.0 and China’s stimulus ‘U-turn’

Huang Yiping of Peking University talks the re-election of Donald Trump and why China needs its own Marshall Plan.

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Illustration: Lau Ka-kuen

Chinese city forced to back pedal on cycling craze as streets become gridlocked

Kaifeng wanted to cash in on a social media craze among students for nocturnal riding, but it became a victim of its own popularity.

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The mass bike ride was blamed for causing gridlock. Photo: Weibo/ @北京法律民工

From Ikea to Muji, foreign brands still bet big on Chinese consumers

Lifestyle-product retailers are investing in new stores in China, as richer consumers continue to splurge on quality imports.

China’s embattled property developers see sales surge in October

A release of pent-up demand driven by rate cuts has given developers a much-needed sales boost.

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Why has Shandong been given a key role in Beijing’s soft power push?

Economic powerhouse renowned for its mountains, coastline and cultural heritage aspires to expand its global influence.

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A 72-metre (236 feet) bronze Confucius statue at the Nishan Sacred Land on Nishan Mountain. Photo: Simon Song

China’s inflation edges up, but pressure remains despite monetary easing

Consumer prices in China nudged higher in October, while the cost of goods at the factory gate fell for the 25th month in a row.

Not ‘whatever it takes’: China’s stimulus strategy seen as long and intact

Beijing’s reluctance to use strong measures to rapidly turn tide of sluggish economy keeps markets, consumers and analysts waiting in wonder.

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Editorial | China to feel benefit of more visa-free visitors

Beijing’s extension of scheme to 25 countries aims to create warmer relations and boost struggling economy.

Tourists pose for a photo after practicing Tai Chi at the Tiantan (Temple of Heaven) Park in Beijing. China is making up for its pandemic-related tourism losses by easing restrictions on foreign visitors. Photo: Xinhua

China unveils debt-relief plan, keeps further stimulus salvo in reserve arsenal

Week-long NPC Standing Committee meeting ends with mostly forward-looking plans to right China’s economic ship.

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A week-long NPC Standing Committee meeting ended on Friday with mostly forward-looking plans to right China’s economic ship. Photo: AFP

China adds 6 trillion yuan in relief for ‘debt bombs’ – as it happened

China’s top legislative body approved additional debt relief for local governments and promised more support next year.

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What more does China need to do to fix its ailing property sector?

Rising sales in big cities seen as a positive sign, but falling prices remain a concern.

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China to unveil fiscal stimulus plans, but may hold fire until 2025: analysts

A week-long session of China’s top legislative body, the National People’s Congress (NPC) Standing Committee, concludes on Friday.

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Women walk past by a display showing the Shanghai stock market index outside a brokerage in Beijing. Photo: AP

China to stick with ‘around 5%’ GDP target in 2025 despite Trump win: economist

US President-elect Donald Trump has said he would impose a 60 per cent tariff on Chinese goods.

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A worker rides past food delivery couriers preparing for the lunch hour in Beijing. Photo: AP

Explainer | China exports surge, but trade war fears rise: 5 insights from October data

China’s exports last month posted their fastest growth since July 2022, while imports fell.

China’s export growth hits 27-month high as Trump’s tariffs loom large

China’s exports grew at a time Beijing is eager for trade to help meet the annual economic growth target.

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China's economic recovery
This topic charts China's economic recovery as it, in 2023, enters an era of slower growth, along with an ageing and shrinking workforce, weak consumer demand and a property market downturn.
last updated:
15 October, 2024
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